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19 thoughts on “If You’re Not Scared”

Thanks for posting this Rand. I’m going to send a link to every idiot Obama supporter I know, whom I’ve told about the people who have been intentionally dropped out of the numbers. I doubt this will change their minds, but I’ll have given them something to read, instead of my ‘opinion’ as several have said.

In point of fact, I asked here just a few days ago if anyone still believed the Labor Department numbers. I’m no math genius, but this whole numbers scenario seemed to me like a case of figures not lying, but liars figuring. Evidently they figured up to about 350K people on this occasion. It’s a little akin to making people into ‘unpeople’, like in the old Soviet Union.

Every time jobs data are released, they are spun in a positive fashion — then quietly revised to their correct (and always worse) values the following week. The dishonesty of this Administration is simply breathtaking.

Q: What’s the difference between a capitalist fairy tale and a Marxist fairy tale?
A: The capitalist fairy tale starts out; “once upon a time there was….”, The Marxist fairy tale starts out; “some day there will be….”

Funny how your comment has nothing to do with the labor force participation rate which excludes students, retired, stay-at-home parents, prisoners, people with unreported income, and those not looking for work.

Oh, and it’s a percentage.

So you have no point regarding baby boomers. It’s just some insinuation of yours.

I wonder how many of those are illegals that have gone back home? I have seen short articles mentioning that the tide had slowed coming in, and some saying that more illegals were leaving than coming in, but no numbers were mentioned. “Giving up and going home” would be a bit better than “giving up and staying here” as far as these numbers go, but not by much.

Job holders 55 and up have risen by 3.9 million — and fallen by 8.1 million among those under 55, Labor Department data show. It’s been 50 months and counting since payrolls peaked, a post-war record. Labor releases the April jobs report on Friday morning.

…

For the 65-69 and 70-74 groups, the employed shares are up 1.1 percentage points and 1.6 percentage points, respectively, over the past four years.

Yes, the butthurtiness for the Obamaphiles continues unabated. It’s the younger people who’ve stopped getting benefits and still don’t have work. Hell, the early retiree level (those who claim Social Security at the lowest possible age – 62) dropped to 26.9% last year, the lowest since 1976.